Pinterest shares tank as CEO blames tariffs for revenue miss, weak outlook
Pinterest shares plunged as much as 20% after hours Thursday as CEO Bill Ready said the company “absorbed an exogenous
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Technology
Instacart stock pops 14% on revenue beat, optimistic guidance
Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and forecast
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Airbnb shares rise on company’s revenue beat, rosy guidance
Shares of Airbnb were up about 2% in extended trading Thursday after the company reported fourth-quarter results that beat expectations
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Dueling PACs take center stage in midterm elections over AI regulation
Assemblyman Alex Bores is interviewed on Monday, May 13, 2024, at the Capitol in Albany, N.Y. Will Waldron | Albany
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Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales
Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC While the prospect of a SpaceX initial
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SoftBank books $4.2 billion gain on OpenAI bet, boosting its Vision Fund
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan
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Adyen shares plummet after payments giant posts weak revenue growth outlook
Dutch payments giant Adyen’s stock fell as much as 20% after it posted net revenue guidance and payment processing volume
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AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived
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Rivian tops fourth-quarter expectations, targets significant production increase
Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this
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Cisco’s stock drops 7% on mediocre forecast even as earnings and revenue top estimates
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi |
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